Wednesday, July 17, 2019

Wednesday Evening Links

[Reuters] Wall St. falls as CSX results signal damage from trade tensions

[CNBC] Foreign purchases of American homes plunge 36% as Chinese buyers flee the market

[Reuters] U.S. government report on housing finance reform is 'essentially done': regulator

[Reuters] U.S. housing market stuck in a rut even as mortgage rates fall

[Reuters] Trump meets Chinese Uighur, other religious persecution victims at White House

[Reuters] From Iraq to Yemen, drones raise U.S. alarm over Iranian plans

[Bloomberg] Dalio Says Gold May Be Key as Era of Low Rates, QE Comes to End

[Bloomberg] Cracks in Asia Junk Bonds Shown in Stunning Fall of Textile Firm

[Bloomberg] Negative-Yield ‘Quicksand’ Risks Trapping Even the U.S. Bond Market

[Bloomberg] Risk Is Ramping Up in Property CLOs Revived After the Crisis

[WSJ] U.S.-China Talks Stuck in Rut Over Huawei

[WSJ] Foreign Buying of U.S. Homes Suffers Record Drop

Today: Tactical Short Q2 Recap

Please join Doug Noland and David McAlvany Thursday, July 18th, at 4:00PM EST/ 2:00pm MST for the Tactical Short Q2 recap conference call, "What's Behind the Global Yield Collapse?" Click here to register.

Wednesday's News Links

[Reuters] Trade war, Brexit stoke debt and dollar, hit stocks and sterling

[Reuters] Euro zone bond yields renew slide, Italian yields at lowest since 2016

[Reuters] Oil prices gain, U.S. crude little changed after inventory data

[Reuters] U.S. housing starts fall; permits hit two-year low

[CNBC] Weekly mortgage applications drop as rates rise and homebuyers pull back

[Reuters] As Fed nears rate cut, policymakers debate how deep, and even if

[CNBC] China may be signaling it’s going hard-line — but it still wants a trade deal, says ex-Trump negotiator

[CNBC] China may slip back into its old habits as growth slows. That could raise debt levels again

[Bloomberg] White House Knows It Needs the Fed to Make a Dent in the Dollar

[Bloomberg] In Donald Trump vs. Jay Powell, New Battle Lines Are Being Drawn

[Bloomberg] China's Treasury Holdings Extend Drop Amid Trade-War Escalation

[Bloomberg] China’s Leaders Head to Secretive Summer Camp to Ponder Trump

[Bloomberg] This Corner of China's Debt Market May Grow to $654 Billion

[WSJ] Consumer Lending Powers Big-Bank Earnings, Upstaging Wall Street

[WSJ] Banks Get the Late-Cycle Blues

[FT] Jay Powell links Federal Reserve’s dovish tilt to ‘global factors’

[FT] Loan market turns ugly as beauty company is downgraded

[FT] Chinese and Vietnamese ships face off in South China Sea